Samsara (IOT) executive covers RSU tax obligations with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Samsara Inc. executive Dominic Phillips reported a routine share withholding related to restricted stock unit vesting. The issuer withheld 45,089 shares of Class A Common Stock at $31.72 per share to cover tax obligations. Phillips now holds 462,801 shares directly and 1,121,049 shares indirectly through the Phillips Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Phillips Dominic
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 45,089 | $31.72 | $1.43M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 462,801 shares (Direct);
Class A Common Stock — 1,121,049 shares (Indirect, See footnote)
Footnotes (1)
- Represents shares that have been withheld by the Issuer to cover tax obligations in connection with the vesting of restricted stock units (RSUs). Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU. The number of shares held reflects the transfer, of 48,670 shares of Class A Common Stock from the Reporting Person to The Phillips Family Trust dated 5/9/2013, of which the Reporting Person and his spouse serve as trustees (the "Phillips Family Trust"). Consists of shares held by the Phillips Family Trust.
FAQ
What did Samsara (IOT) executive Dominic Phillips report in this Form 4?
Dominic Phillips reported shares withheld to cover taxes on vested RSUs. The issuer retained 45,089 Class A shares at $31.72 each, a non-market tax-withholding disposition rather than an open-market sale, reflecting routine equity compensation activity.
Were any of Dominic Phillips’ Samsara (IOT) transactions open-market buys or sells?
No open-market buys or sells were reported in this Form 4. The only transaction was an F-code tax-withholding disposition, where 45,089 shares were withheld by the issuer to cover RSU-related tax obligations, rather than being traded on the open market.